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Daily Archives: 29.08.2011

Ukraine may be less sensitive to steel price drop

Ukrainian steel industryBy admin29.08.2011Leave a comment

The investment bank Renaissance Capital said, Ukraine might not suffer to the extent it did when metals prices plunged during the global financial crisis three years ago.Analysts Ms. Anastasia Golovach and Mr. Ivan Tchakarov said, “Assuming the worst case scenario of declining commodity prices, which are crucial for Ukraine, the country may be less sensitive…

Metinvest companies see finished steel output rise in H1

Metinvest Group of CompaniesBy admin29.08.2011Leave a comment

In January to June period of the current year Ukraine’s largest vertically integrated mining and steel group Metinvest saw a 77.6% increase in its crude steel production – to 7.345 million tons, helped by the use of high quality coke. In particular, in the given period Metinvest saw a 73.4% YoY increase in its pig…

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